42 SBA loans worth $12.6M went to businesses in Avon, CT between October 2021 and June 2026, from 17 lenders. Manufacturers and Traders Trust made the most, 16 loans. The median loan was $105,000, compared with $150,000 across Connecticut, and health care and social assistance was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Manufacturers and Traders Trust Bank · Buffalo, NY | 16 | $862K | $25,000 | 50% |
| 2 | Webster Bank Bank · Stamford, CT | 3 | $1.2M | $400,000 | 0% |
| 3 | TD Bank Bank · Wilmington, DE | 3 | $75K | $25,000 | 33% |
| 4 | JPMorgan Chase Bank Bank · Columbus, OH | 2 | $2.2M | $1,113,550 | 0% |
| 5 | Beacon Bank and Trust Bank · Boston, MA | 2 | $1.7M | $855,000 | 0% |
| 6 | Northeast Bank Bank · Portland, ME | 2 | $750K | $375,000 | 0% |
| 7 | Huntington National Bank Bank · Columbus, OH | 2 | $374K | $187,250 | 100% |
| 8 | Liberty Bank Bank · Middletown, CT | 2 | $295K | $147,500 | 0% |
| 9 | Newtek Bank Bank · Miami, FL | 2 | $260K | $130,000 | 50% |
| 10 | Pathward Bank · Sioux Falls, SD | 1 | $1.1M | $1,100,000 | 0% |
| 11 | Celtic Bank Bank · Salt Lake City, UT | 1 | $960K | $960,000 | 0% |
| 12 | First Internet Bank of Indiana Bank · Fishers, IN | 1 | $758K | $758,000 | 100% |
| 13 | Citizens Bank Bank · Elizabethton, TN | 1 | $506K | $506,000 | 100% |
| 14 | New England Certified Development Certified development company · Wakefield, MA | 1 | $494K | $494,000 | 0% |
| 15 | VelocitySBA Non-bank lender · Irving, TX | 1 | $464K | $464,000 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Health care and social assistance | 10 | $250,000 | Northeast Bank | |
| Restaurants and hotels | 8 | $249,750 | Huntington National Bank | |
| Other services (repair, personal care) | 4 | $87,500 | BayFirst National Bank | |
| Manufacturing | 4 | $247,500 | Manufacturers and Traders Trust | |
| Professional and technical services | 3 | $75,000 | Beacon Bank and Trust | |
| Construction | 3 | $40,000 | Manufacturers and Traders Trust | |
| Retail | 3 | $450,000 | New England Certified Development | |
| Transportation and warehousing | 2 | $25,000 | TD Bank |